Jim Cramer Says HPE And Dell Have A Common Factor: ‘They Wanted To Get Right With’ Nvidia’s Jensen Huang
The emphasis on AI by Hewlett Packard and Dell underscores the increasing importance of this technology in the tech industry
Why Jack Daniel’s Parent Brown-Forman Shares Are Trading Lower Today
Brown-Forman shares dip as Q4 FY24 earnings reveal an 8% sales decline to $964M, missing estimates of $1.028B. Despite this, EPS of $0.56 beat expectations of $0.42. The company forecasts FY25 organic net sales and operating income growth of 2-4%.
NBA Nears $76B TV Deal With NBC, ESPN And Amazon: Report
Amazon's $1.8 billion-a-year package will include regular-season and playoff games, the new NBA in-season tournament, and the "play-in" games.
What’s Going On With Grocery Wholesaler United Natural Foods Stock Wednesday?
United Natural Foods shares rise after Q3 FY24 results. Despite a slight sales decline to $7.498 billion, the gross margin improved to 13.6%. Adjusted EPS of $0.10 surpassed the $0.03 estimate. UNFI forecasts FY24 sales of $30.5-$31 billion and adjusted EPS of $(0.20)-$0.20.
Why Moving IMage Technologies Shares Are Skyrocketing Today
Moving Image Technologies sees shares surge after securing multi-million dollar contract for Alamo Drafthouse project in Indianapolis.
SCHOTT Pharma And KORU Medical Systems Announce Collaboration To Advance Large Volume Subcutaneous Infusion
The companies, KORU Medical, manufacturer of the proprietary, large-volume, Freedom Infusion System (the "Freedom System") and SCHOTT Pharma, manufacturer of SCHOTT TOPPAC® prefillable polymer syringes (PFS), intend
NIO, BYD Receive Beijing’s Approval For Autonomous Driving Tests Amid Tesla’s FSD Launch Aspirations In China
However, they must first conduct test and safety evaluations before actual road testing can commence.
Ollie’s Surges On Strong Q1 Earnings: Raises Financial Outlook Amid Consumer Bargain Hunting
Ollie's Bargain Outlet shares surge after reporting strong Q1 FY24 earnings and raising outlook. Sales grew 10.8% to $508.82M, beating estimates, while comparable store sales rose 3%. Gross profit increased 17.2%, with margins expanding.
Nike’s Multiyear Cost-Cutting Strategy Leads To Layoffs In Europe: Report
Nike has reportedly initiated workforce reductions at its European headquarters in Hilversum, Netherlands, as part of a global cost-saving strategy to trim $2 billion. The company is cutting approximately 2% of its global workforce.
McDonald’s Loses Chicken Big Mac Trademark In European Union
The court determined that McDonald's did not provide sufficient evidence of continuous use of the Chicken Big Mac trademark.